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Businesses exist to make money. Stock buybacks and dividends are the only reason the company was ever funded.
by NotYourLawyer 3y ago
Businesses exist to make money. Stock buybacks and dividends are the only reason the company was ever funded.
- thedoctor79 3y agoI don't know if this comment is satire or not, but I thought the company existed to provide a fast and (relatively) safe means of travel over long distances to people. I guess the old engineering adage applies here too: fast, cheap, safe, pick any two.
- NotYourLawyer 3y agoNo, that’s just how the company makes (made…) money.
- aaomidi 3y agoStock buybacks weren’t always legal.
- NotYourLawyer 3y agoCall it dividends then. Same thing but different tax treatment.